Welspun India first quarter profit for the financial year 2023-24 surged 621.8 per cent at Rs 161.60 crore from Rs 22.39 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 2,184.05 crore, up 11.6 per cent as against Rs 1,957.25 crore during the first quarter of FY23. The company EBITDA stood at Rs 310.6 crore. The company clocked a total income of Rs 2,214.86 crore, up 11.9 per cent in comparison to Rs 1,978.99 crore during Q1FY23. However, the total expenses during the quarter stood at Rs 1,998.65 crore, up 2.9 per cent from Rs 1,942.68 crore during Q1FY23.
